Cab service provider Uber is all set to compete with its rival Ola and soon going to launch its own mobile wallet.
Reportedly, the brand has sent out the invites across media for the launch of the mobile wallet.
Although Uber has not clearly mentioned anything about the launch in its invite but several media reports are quoting the launch by confirming the update through various sources.
The invite says, “Uber cordially invites you to be a part of a landmark moment when millions will join the digital payment revolution.”
Further, the invite says that the company has partnered with some of the banks, which further confirms that they might launch their own wallet.
Uber has launched its Uber for Business in India recently and the main aim of this project is to ensure organisations greater efficient way to handle their business travel and improve employees’ experience.
“At Uber for Business we are continuously striving to make Uber a one-stop solution for all ground transportation needs of businesses. With the launch of our revamped Uber for Business platform, our technology makes it possible to create specialised solutions that help businesses have access to reliable transportation options for all their needs. Companies can now configure and use our platform to manage transportation requirements for all, while reducing costs, increasing operational efficiency and improving compliance” said Arjun Nohwar, APAC Head – Uber for Business.